There was talk on the internet last spring about a few rich Islamic countries converting there hoards of gold and the US dollar into hoards of bitcoin. In June of 2024 Saudi Arabia didn't not renew contracts created in 1974 that created the 'petrodollar system'. This required Saudi Arabia to sell its oil exclusively in US dollars.

I think their first move just started when the Dubai stock market opened 40 minutes ago. One voice said that when they do convert, that they wanted to make a 'God Candle' on the candle charts so everyone would know, and remember, who bought the coin. A very nice tribute to Allah.